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For sale
    • Listed by: Coldwell Banker Realty • Sawsan Saba • 949-500-9979
    $3,750,000

    123 Oakstone, Irvine, CA 92618

    4beds
    2,870sqft
    : 
    $24,916/mo
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    Single Family Residence
    Built in 2024
    3,800 Square Feet Lot
    $3,599,000 Zestimate®
    $1,307/sqft
    $180/mo HOA

    What's special

    Experience the allure and functionality of the Plan 1 home at Olivewood, offering breathtaking hillside and expansive west ward city light and ocean views and approximately 2,870 square feet of thoughtfully designed living space. Completed in 2024 with more than $176,000 in upgrades, the spacious two-story design hosts four bedrooms and three baths, including a versatile first-floor bedroom. Finished with on-trend white-oak wide-plank wood flooring, designer carpet, elegant lighting fixtures, high ceilings, upgraded baths, and an owned solar system, the impressive design is open and bright. Only the best high-end appointments are featured, including a wall of sliding glass doors that open the great room to the backyard, where captivating views are showcased both day and night. The open-concept arrangement flows seamlessly to a chef-caliber kitchen with a large island, quartz countertops with a full backsplash, Shaker cabinetry to the ceiling, a walk-in pantry, and a large island with seating. Top-tier stainless steel appliances include a Wolf six-burner range, Wolf microwave, and a built-in SubZero refrigerator. A handsome staircase leads to the second floor, where you will discover spacious secondary bedrooms, an open loft, and a large laundry room with a sink and a walk-in linen closet. Positioned at the back of the home to maximize views, the opulent primary suite hosts an oversized walk-in closet, separate vanities, a soaking tub, and a separate shower. An attached two-car garage enhances the convenience factor. Olivewood is perched at the highest point in Portola Springs. Built by New Home Co., the neighborhood places you within minutes of top-ranked Irvine schools, including Portola High School, Loma Ridge Elementary School, and Sierra Vista Middle School. Miles of scenic trails, pickle ball courts, pools, kids area and more than 15 family-friendly, amenity-rich parks are moments from home, and Newport Beach, Tustin, and South Orange County are within easy reach of Olivewood.
    31 days
    305
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Sawsan Saba DRE #01921021 949-500-9979,

    Coldwell Banker Realty,

    Tim Smith DRE #01346878 949-478-2295,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: NP26222129MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Laundry, Loft, Primary Bathroom, Primary Bedroom, Other, Pantry, Dining Room
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Full Bath on Main Level, Soaking Tub, Separate Shower, Tub Shower, Walk-In Shower
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Walk-In Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: 6 Burner Stove, Double Oven, Freezer, Gas Cooktop, Gas Oven, Refrigerator, Range Hood, Water Heater
      • Laundry: Inside, Laundry Room, Upper Level
      Features
      • Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Loft, Walk-In Pantry, Walk-In Closet(s)
      • Flooring: Carpet, Wood
      • Doors: Sliding Doors
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,870 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Direct Access, Driveway, Garage Faces Front, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Exterior features: Lighting
      • Pool features: Association
      • Has spa: Yes
      • Spa features: Association
      • Has view: Yes
      • View description: City Lights, Mountain(s), Panoramic
      Lot
      • Size: 3,800 Square Feet
      • Features: Lawn, Landscaped
      Details
      • Parcel number: 59178154
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Turnkey
      • New construction: No
      • Year built: 2024
      Details
      • Builder model: 1
      • Builder name: New Home Co

      Utilities & green energy

      • Electric: Photovoltaics Seller Owned
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Features: Biking, Gutter(s), Hiking, Park, Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Olivewood
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Sport Court, Maintenance Grounds, Management, Outdoor Cooking Area, Barbecue, Pickleball, Pool, Spa/Hot Tub
      • HOA fee: $180 monthly
      • HOA name: Olivewood
      • HOA phone: 949-833-2600
      Location
      • Region: Irvine

      Financial & listing details

      • Price per square foot: $1,307/sqft
      • Tax assessed value: $3,772,920
      • Date on market: 10/14/2026
      • Cumulative days on market: 31 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange
      • Road surface type: Paved

        Estimated market value

        $3,599,000

        $3.42M - $3.78M

        Not available

        Price history

        DateEventPrice
        10/14/2026Listed for sale$3,750,000+3.4%$1,307/sqft
        Source: CRMLS #NP26222129 Report a problem
        6/24/2025Listing removed$8,500$3/sqft
        Source: CRMLS #NP25028696 Report a problem
        6/11/2025Price change$8,500-10.5%$3/sqft
        Source: CRMLS #NP25028696 Report a problem
        5/19/2025Price change$9,500-13.6%$3/sqft
        Source: CRMLS #NP25028696 Report a problem
        3/10/2025Price change$11,000-8.3%$4/sqft
        Source: CRMLS #NP25028696 Report a problem
        2/10/2025Listed for rent$12,000$4/sqft
        Source: CRMLS #NP25028696 Report a problem
        11/1/2024Listing removed$12,000$4/sqft
        Source: CRMLS #NP24174439 Report a problem
        8/24/2024Listed for rent$12,000$4/sqft
        Source: CRMLS #NP24174439 Report a problem
        5/22/2024Sold$3,626,500$1,264/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $3,772,920 +2%
        2025$42,516 $3,698,942 +106405.7%
        2024-- $3,473 +2%
        2023$2,041 $3,405
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Portola Springs

        Getting around

        2 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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